China: Market for Dissolving Grade Wood Pulp 2024

Market Size for Dissolving Grade Wood Pulp in China

In 2022, the Chinese dissolving grade wood pulp market increased by X% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Production of Dissolving Grade Wood Pulp in China

In value terms, dissolving grade wood pulp production expanded remarkably to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Dissolving Grade Wood Pulp

Exports from China

In 2022, dissolving grade wood pulp exports from China rose remarkably to X tons, surging by X% compared with the previous year's figure. In general, exports enjoyed strong growth. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, dissolving grade wood pulp exports reduced dramatically to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

South Korea (X tons) was the main destination for dissolving grade wood pulp exports from China, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to X%.

In value terms, South Korea ($X) also remains the key foreign market for dissolving grade wood pulp exports from China.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea stood at X%.

Export Prices by Country

In 2022, the average dissolving grade wood pulp export price amounted to $X per ton, falling by X% against the previous year. In general, the export price recorded a precipitous decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Democratic People's Republic of Korea amounted to X% per year.

Imports of Dissolving Grade Wood Pulp

Imports into China

In 2022, overseas purchases of dissolving grade wood pulp decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, dissolving grade wood pulp imports expanded rapidly to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest supplier of dissolving grade wood pulp to China, with a X% share of total imports. Moreover, dissolving grade wood pulp imports from Indonesia exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by Lao People's Democratic Republic (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Lao People's Democratic Republic (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of dissolving grade wood pulp to China, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average dissolving grade wood pulp import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Brazil ($X per ton), while the price for Chile ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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